DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Foundation

Connelly Foundation

FoundationW Cnshohocken, PA
Assets
$362M
Total assets, Dec 31, 2024 reported
Funded
n/a
not filed
Private markets target
n/a
policy Dec 31, 2024
Commitments
16
4 managers on Schedule C
Allocation policy
IRS 990, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • PORTFOLIO ADVISORS (OFFSHORE) PRIVATE EQUITY FUND III, LP $37,918
  • PORTFOLIO ADVISORS PRIVATE EQUITY FUND IV (OFFSHORE), LP $53,436
  • PORTFOLIO ADVISORS PRIVATE EQUITY FUND IX (OFFSHORE), LP $5.5M
  • PORTFOLIO ADVISORS PRIVATE EQUITY FUND V (OFFSHORE), LP $1.3M
  • PORTFOLIO ADVISORS PRIVATE EQUITY FUND VIII (OFFSHORE), LP $3.8M
  • PORTFOLIO ADVISORS REAL ESTATE FUND IV, LP $106,230
  • PORTFOLIO ADVISORS REAL ESTATE FUND V, LP $203,972
  • PORTFOLIO ADVISORS REAL ESTATE FUND VI, LP $3.4M
Consultants and advisers
No adviser relationship is on the tape for this allocator. Public systems name theirs in the ACFR; plans list them on Schedule C.
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
Commitments
16 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024LL CAPITAL PARTNERS II PARALLEL, LPLL FundsPrivate equity$4.9M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024MAKENA PERPETUAL PRIVATE EQUITY FUND, LPMakena Capital Management, LLCPrivate equity$3.6M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024MATTERHORN CAPITAL PARTNERS, LPMatterhorn Capital Advisors, LLCPrivate equity$11.4M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024ARENA SPECIAL OPPORTUNITIES PARTNERS IIIArena SpecialPrivate equity$15.4M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024BPG INVESTMENT PARTNERSHIP VIIA, LPBPG Investment ViiaPrivate equity$1.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024EQUUS INVESTMENT PARTNERSHIP X, LPEquus InvestmentPrivate equity$1.3M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024EQUUS INVESTMENT PARTNERSHIP XI, LPEquus InvestmentPrivate equity$2.9M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024EQUUS INVESTMENT PARTNERSHIP XII, LPEquus InvestmentPrivate equity$3.9M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024LL STRATEGIC OPPORTUNITIES FUND, LPLL StrategicPrivate equity$1.0M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024COMMONFUND CAPITAL SECONDARIES PARTNERS IV (CAYMAN), LPCF Private Equity, Inc.Private equity$2.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024LL MORTGAGE FUND, LPLL FundsFixed income$20.0M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024MAKENA PERPETUAL VENTURE CAPITAL FUND, LPMakena Capital Management, LLCVenture$3.0M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024SCULPTOR OVERSEAS FUND II, LTDSculptorPrivate equity$25.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024SHIFT NEIGHBORHOOD FUND, LPShift NeighborhoodPrivate equity$1.8M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024THE TIFF KEYSTONE FUND, LPThe Tiff KeystonePrivate equity$81.1M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024TWEEDY, BROWNE INTERNATIONAL VALUE FUNDTweedy Browne ValuePrivate equity$18.7M heldDisclosed holdingapps.irs.gov
Size and funding
3 readings
Total assets
$362M Dec 31, 2024 reported IRS 990
$362M (2024-12)
Income
$50.2M Dec 31, 2024 reported IRS BMF
What changed
No dated events yet.
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN 236296825
Cross-graph: family office graph (shared ein)
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.